No "blue state bailout" is a rallying cry for many congressional Republicans as attempts to provide more federal aid to a nation stricken by an ever-worsening coronavirus pandemic remain stuck in neutral.
The 2020 Financial State of the States report surveys the fiscal health of the 50 states prior to the coronavirus pandemic. This data is released today by Truth in Accounting (TIA), a think tank that analyzes government financial reporting.
How large could the shortfall in state government general revenues be, amidst the coronavirus and related crises?
Senior government officials, including some in the White House, privately expressed concerns that a nearly $30 billion bailout for farmers needed stronger legal backing, according to multiple people who participated in the planning.
What does the investment return for Fiscal Year 2018 mean as part of the big picture?
Are legislators and the governor making wise choices for the financial future of Arkansans? A new report says that the answer to this question is “no.”
The filing deadlines for candidates to enter state legislative races have already passed in 31 states.
See the financial health of Arkansas, California, Colorado, Florida, Georgia, Massachusetts, North Carolina, New Jersey and South Carolina.
U.S. states have entered a new era characterized by chronic budget stress.
By Liz Farmer, includes “… But given Arkansas’ long history of fiscal conservatism, observers say it’s unlikely the state will embark upon a bond bonanza.
By Eric Touissant, includes "... In the 1830s, four of the United States repudiated their debts - Mississippi, Arkansas, Florida and Michigan.
Enacted state budgets for fiscal 2016 represent a sixth consecutive year of spending and revenue growth, according to this report.
The U.S. Pension Benefit Guaranty Corp. (PBGC) paid out $16.6 million to more than 4,200 Arkansas retirees in failed retirement plans in 2014 as the program’s insolvency has now been delayed for three years.
Amidst some disenchantment with both major political parties, the chart above shows, when looking across the 50 states, the share of votes earned by candidates that were not either Democratic or Republican has fallen significantly for U.S. House of Representative elections since 2000.
Arkansas' state treasurer resigned on Tuesday, a day after federal authorities charged her with extortion stemming from accusations that she gave a broker state bond business in exchange for repeated cash payments
The Institute for Truth in Accounting has prepared final calculations for state financial conditions for the three years ended in fiscal year 2011. Preliminary estimates issued in November have been revised, where necessary, to reflect more complete source material and a final audit of data quality.
State Data Lab now includes preliminary data computed by the Institute for Truth in Accounting and taken from each state's 2011 Comprehensive Annual Financial Report (CAFR). These data include Assets Available to Pay Bills, Total Bills, and Each Taxpayer's Burden or Surplus.
Each Arkansas taxpayer’s financial burden equals $1,700.